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1 members (1 invisible),
220
guests, and
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robots. |
Key:
Admin,
Global Mod,
Mod
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Forums10
Topics38,463
Posts545,044
Members14,409
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Most Online1,258 Mar 29th, 2024
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Joined: Jan 2002
Posts: 1,490 Likes: 82
Sidelock
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OP
Sidelock
Joined: Jan 2002
Posts: 1,490 Likes: 82 |
Great times for the stock market!
horrible about the virus and we will get through it and things will be back to normal.
Sorry to say that lots of suffering with the virus. But because of the panic, opportunities abound in the market.
One of the best times to buy in recent years.
John Boyd
John Boyd Quality Arms Inc Houston, TX 713-818-2971
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Joined: Jun 2002
Posts: 9,350
Sidelock
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Sidelock
Joined: Jun 2002
Posts: 9,350 |
For those who can afford it. For our consumer-addled societies living from pay check to pay check, to eyebrows in debt, not so much.
The last thing I need is another gun. I'm giving mine away to family and friends to ease the burden of too many possessions.
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Joined: Aug 2013
Posts: 666 Likes: 45
Sidelock
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Sidelock
Joined: Aug 2013
Posts: 666 Likes: 45 |
I was buying on Thursday, but I am young and can afford to be wrong.
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Joined: Jun 2006
Posts: 2,979 Likes: 297
Sidelock
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Sidelock
Joined: Jun 2006
Posts: 2,979 Likes: 297 |
It is. We are looking at homes in coastal Florida , as a winter get away place. Since we arrived, the market collapse makes a whole lot more available. People living large off 401ks have to make painful choices. Or cut into the bone.
Out there doing it best I can.
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Joined: Mar 2011
Posts: 2,982 Likes: 106
Sidelock
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Sidelock
Joined: Mar 2011
Posts: 2,982 Likes: 106 |
Better ask Eightbore first, he brags like he has omnipotent understanding of the stock market in addition to vast wealth. At least he brags as such, in addition to bragging about all his fine guns 🤔. Think hes making money when the DOW drops 3,000 points in one day, like TODAY? Others are miserable. Selling short there, Eightbore???
Socialism is almost the worst.
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Joined: Feb 2012
Posts: 2,308 Likes: 44
Sidelock
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Sidelock
Joined: Feb 2012
Posts: 2,308 Likes: 44 |
Anyone who didnt see this coming.....11 yr bull run, frothy as all hell, state of the world...
Been building cash for approximately a year and a half. Little over half of my portfolio. Still not buying. Selling OTM puts. Huge premiums. Anything Im long in has a healthy balance sheet and paying a well covered dividend. Not even remotely worried about it. Fat stacks to be made in a market like this. Anyone who got caught should have had insurance. It aint rocket surgery.
_________________________ Been doing this for 35 odd years or so. Not my first rodeo.
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Joined: Mar 2002
Posts: 7,718 Likes: 478
Sidelock
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Sidelock
Joined: Mar 2002
Posts: 7,718 Likes: 478 |
Wife and I moved our retirement over into safer instruments when the market hit 28,000 so I missed the peak by a clear 1,000 points. She was asking me tonight have I started buying stocks yet. She knows me too well. Told her I am going to wait until after Holt's next auction and see if any money is left.
Seriously if you have money on hand it is not unreasonable to start thinking about buying stocks soon. Today is not the time but let it drop another 10% and start looking for real values. Not as some fast buck, flip them and make a killing, but as a five to ten year plan for long term growth. If you have 20 years even better. I don't. Do you think Apple is done making money. When their stock drops 50% in a panic market it is time to look at buying more. It worked in 2008 and I expect it to work again, let it grow and reinvest to compound.
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Joined: Feb 2012
Posts: 2,308 Likes: 44
Sidelock
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Sidelock
Joined: Feb 2012
Posts: 2,308 Likes: 44 |
Today is not the time but let it drop another 10% and start looking for real values. Dont just sit there with your d**k in your hand either. Sell some puts and get paid while you wait. Become a brain scientist. ____________________________ https://youtu.be/CeOWMDP5a7ohttps://youtu.be/v40clOn5unM
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Joined: Jan 2002
Posts: 9,745 Likes: 743
Sidelock
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Sidelock
Joined: Jan 2002
Posts: 9,745 Likes: 743 |
Today is not the time but let it drop another 10% and start looking for real values. Dont just sit there with your d**k in your hand either. Sell some puts and get paid while you wait. Become a brain scientist. ____________________________ https://youtu.be/CeOWMDP5a7ohttps://youtu.be/v40clOn5unM Dont just let your money pile up in one spot. Never mind your d**k. https://youtu.be/NBzSINxgU0QBest, Ted ______________________________________________ Most of the time, you should roll on, not hit the brake. Have something in reserve to roll on to.
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Joined: Oct 2006
Posts: 128
Sidelock
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Sidelock
Joined: Oct 2006
Posts: 128 |
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